Ira Contribution Limits 2025 And 2025. Take the time to understand the new limits and factor them into your financial plan. The annual ira contribution limit will remain $7,000.

The irs determines the maximum contribution for each type of ira annually, and they recently announced the updated limits for tax year 2025. For the 2025 tax year, the irs is increasing the annual contribution limit for 401(k) plans by $500 from the current limit of $23,000 in 2024 to $23,500 in 2025.